Andrew Tinkler has stepped down as CEO of Stobart Group, the business he has headed since it listed on the stock market in 2007. During his tenure, Tinkler, who retains a place on the business’s executive board, has divested several business units including automotive and the transport arm of the group, Eddie Stobart Logistics. He has also faced boardroom battles and made difficult decisions concerning its chilled business. Tinkler will now head the newly formed investment company, Stobart Capital. It […]
The combination of the £16m sale of its former automotive logistics division and securing a “significant” customer wins towards the end of its last financial year helped Eddie Stobart Logistics generate a £21m surplus, which was used to repay its debt.
William Stobart has stepped down as a director of the business that bears his surname ahead of its float on the stock exchange on the 25 April.
Eddie Stobart has put its marker down on a major facility at Mulberry Logistics Park in Doncaster, South Yorkshire.